Stephen G. Austin, CPA, MBA, Firm Managing Partner, Swenson Advisors, LLP to Speak at the Knowledge Group’s The Road to Lease Accounting

Top Quote The Knowledge Group, the leading producer of regulatory focused webcasts, has announced today that Stephen G. Austin, CPA, MBA, Firm Managing Partner, Swenson Advisors, LLP will speak at its webcast entitled, “The Road to Lease Accounting Implementation: Practical Tips and Strategies to Ensure You’re Compliant LIVE Webcast.” End Quote
  • (1888PressRelease) January 26, 2021 - This event is scheduled for Thursday, February 4, 2021 from 3:00 PM to 4:00 PM (ET).

    For further details, please visit: https://www.theknowledgegroup.org/webcasts/road-to-lease-accounting-implementation/

    About Stephen G. Austin, CPA, MBA
    Steve Austin, is a Certified Public Accountant in the states of California and Georgia, managing audit, SEC, Sarbanes-Oxley, and business consulting engagements with a focus on emerging accounting pronouncements, technology, manufacturing, service, real estate, social media, and non-profit organizations.

    Steve is a national thought leader on adopting the new lease accounting standards and is a frequent speaker on lease accounting, governance, Sarbanes-Oxley, and IFRS matters. Most recently, he was a presenter at the AICPA & CIMA CFO Virtual Conference. His Accounting Update focused on recently issued FASB pronouncements, including lessons learned on Topic 606 and Topic 842. Among the many articles he has written are five on the subject of lease accounting published in the Journal of Accountancy. He has published a book on business ethics entitled, “Rise of the new Ethics Class.”

    Steve holds a B.S. degree in accounting from Bob Jones University and an M.B.A. degree from the University of Georgia. He serves on numerous community boards and audit committees.

    About Swenson Advisors, LLP
    With offices in San Diego, CA, Murrieta, CA, and Hong Kong and as an active member of Integra International®, Swenson Advisors is a full-service regional accounting firm with the expertise and capabilities to serve both private and public clients, whether they operate locally, regionally or globally. Swenson has been at the forefront of adopting the new lease accounting standards in the U.S., and leads AccountLease™, a team of national experts which provides solutions to address the new lease accounting standards. The team includes accountants, real estate brokers, lease accounting software developers and attorneys.

    Event Synopsis:
    For most public companies, the adoption deadline for Financial Accounting Standards Board’s (FASB’s) Accounting Standards Update (ASU) No. 2016-02, Leases (Topic 842) has already passed. Their focus now shifts from adoption to quarterly reporting under the new lease accounting standard. Private companies, however, are still preparing for their implementation of the new ASC 842 leases and should learn from public companies’ experience.

    Whether your company has moved past its deadline crunch or is still approaching its implementation date, it should have a more comprehensive approach that satisfies compliance needs. The ASC 842 can dramatically impact your company’s business with all the leases placed on your balance sheet. A lease accounting compliance strategy that also allows you to provide efficiencies for other systems is a must.

    In this LIVE CLE Webcast, accounting expert Stephen G. Austin (Swenson Advisors, LLP) and real estate attorney Alison R. Weinberg-Fahey (Manatt, Phelps & Phillips, LLP) will provide an in-depth analysis of the implications of the new guidance in ASC 842. Speakers will also provide the best lease accounting implementation strategies and compliance practices to help you ensure that your company remains compliant in the future.

    Some of the major topics that will be covered in this course are:
    - The New Lease Accounting Standard: Sweeping Implications
    - Takeaways from Public Company ASC 842 Leases Implementation
    - Best Compliance Practices
    - Implementing ASC 842 Technology Solution
    - Improvement Opportunities

    About The Knowledge Group
    Founded in November 2006, The Knowledge Group has been at the forefront of providing quality continuing education programs for lawyers, accountants, financial executives, risk and compliance specialists, human resources professionals, technology officers, and business consultants in a wide range of industries.

    The Knowledge Group strives to be the best-in-class provider of continuing education by bringing forth relevant content you can’t get anywhere else. To contact or register to an event, please visit: http://theknowledgegroup.org/.

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